CBS China Bank Savings expands Bacolod office

Retail lender CBS China Bank Savings is poised to occupy two storeys of the multi-level Fordland Annex I Building, a prime location along renowned Lacson Street. The regional flagship office will be ready to receive customers starting October 18. The Makati-based CBS, touted as the country’s fourth largest thrift bank, was set up in September 2008 by parent China Banking Corporation to cater to under-served markets. The bank is marking its 13th year of operations with an ambitious network expansion program in the countryside. “As an institution dedicated to financial inclusiveness and improving the quality of people’s lives, CBS aims to transform banking into an effortless, uncomplicated and trouble-free service that delights colleagues and customers alike,” CBS Branch Banking Group head Jaydee P. Caparas announced. The new, spacious offices in the heart of the Bacolod Central Business District will include CBS Bacolod Branch, the CBS Regional Business Center for consumer and small business finance, and the office for specialized lending to public schools teachers and Department of Education employees. With a large section of the population still outside the formal banking system, CBS has designed deposit products to make them easy to avail. “CBS Bacolod Branch wants to make our services highly accessible and affordable to Negrenses from all walks of life,” according to CBS Bacolod Branch Manager Alvin I. Morales. “Whether you are opening your first deposit account or applying for a small business loan, CBS extends a warm welcome to you.” “As long as you have the valid identification, you can open a basic ATM account for only 100 pesos and a checking account for as low as 3,000 pesos,” Morales said. “CBS savings and checking accounts have CBS mobile app and online banking features, which allow depositors to bank anytime, anywhere—such as transfer funds to and from other banks, pay utility bills, reload phone and GCash credits, send e-gifts, and more.” CBS also makes affordable insurance products accessible to consumers through MCBLife, the bancassurance partner. “We want to be in a strong position to ride the wave of growth that is expected to happen in the coming period,” explained Caparas. The ongoing construction of the Bacolod Economic Highway is expected to improve connection between farms and markets, allowing better integration of secondary communities into the economic mainstream. CBS is confident of the impact such a development will have on the economy of the region. CBS announced an ambitious program to expand the Bank’s brick-and-mortar presence in Visayas and Mindanao, with sales kiosk-type branches going up in Estancia, Passi City and San Jose de Buenavista in Panay, Jordan in Guimaras, Kabankalan and San Carlos City in Negros Occidental, Calbayog City in Samar, Digos City in Davao del Sur, and Glan in Sarangani. In Luzon, CBS opened sales kiosks in San Nicolas, Ilocos Norte and Iriga City, Camarines Sur. The Bank is expected to add 24 more sales kiosks to its 171-strong nationwide branch network by December 2021. “We are determined to keep the pace of delivering both traditional and digital banking services to our customers,” stated Caparas. “CBS is here for the long haul. We are here to serve.” Bacolod_Branch In photo cutting the ceremonial ribbon are Fordland Realty Inc. official Andy Y. Chua (left) and CBS Bacolod Branch Manager Alvin I. Morales (right), with Fr. Julius Habana looking on. Bacolod_Easi_APDS DepEd Bacolod City Assistant Schools Division Superintendent Dr. Peter J. Galimba (left) and APD Lending Group Region Head Gee E. Granfiel (right) together with Fr. Julius Habana officially opened the CBS Easi-APDS Bacolod Loan Office, which is adjacent CBS Bacolod Branch.

Recent Posts

> CBS sponsors Toyota SUV, Honda motorcycles on National Teachers Day
> CBS opens Cainta Branch
> More CBS laptops for DepEd digital learning program
> CBS offers loans for EV and Hybrid Cars
> CBS opens branch in Historic Binondo
> Asia ECOMM Forum | CBS champions financial inclusion
> CBS supports Filipino entrepreneurs
> CBS Core Business Delivers Over 90% Net Income Rise in 2021
> We stand united as One Nation under One Flag!
> NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
> CBS cements partnership with Gateway Group. Cebu Showroom Inaugurated.
> Rule the City!
> Accelerate Greatness. Go full throttle with the All-New Honda Civic!
> CBS Ayala Avenue All-New Nissan ALMERA auto display
> CBS opens branch in Gen. Trias City!
> Piso lang for your Peace of Mind!
> CBS Ayala Avenue All-New MG HS auto display
> CBS Makati Head Office Career Opportunities
> Scheduled System Upgrade
> Sustainable Mobility gets boost via CBS Auto Loans
> CBS, Grand Canyon Multi Holdings Inc gear up for return to mobility
> Gimme 5 for 7.5% sa APDS Easi-5 Loan
> Message from the CBS President
> Good Health and Good Fortune in the Year of the Water Tiger!
> Over 100 Job Openings Available!
> Customer Advisory
> Euro Products Inc. and CBS in multi-loan deal
> CUSTOMER ADVISORY
> Now Open: CBS Taft-Quirino Avenue Branch
> Stay safe on the road during the Holidays!
> Good news for CBS Mobile App Users!
> CBS China Bank Savings expands Bacolod office
> For Integrity and Trustworthiness in Social Media!
> Geely Philippines, CBS China Bank Savings rev up Easy Own Deals promo
> CBS China Bank Savings is PHirst Park Homes Top Bank Partner in 2021
> National Teachers Month
> BANK SAFELY FROM HOME
> HOLIDAY ADVISORY
> InstaPay, PESONet LIBRE PA RIN!
> NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
> We’ve got more CBS branches to serve you!
> SYSTEM MAINTENANCE
> CBS has a new president
> Adoption of new charging model for ATM fees
> Stay safe! Stay free with CBS Mobile App!
> Face Shields Required in All Public Places
> NOTICE OF SPECIAL MEETING OF STOCKHOLDERS
> CBS Pateros Branch in new address
> Covid times are rough and tough.
> CBS Quick Guide to Bayanihan Act 2 loan payment one-time 60-day grace period
> CBS supports DepEd safe learning initiative
> Bayanihan Act 2 Loan Payment Advisory
> Introducing: Electronic statement of account for personal checking account holders
> Loan Payment 60-day Grace Period Advisory
> CBS SmallBiz Loans for the "New Normal"
> Lalabas ka pa ba to pay your bills?
> CBS Customer Advisory
> Change in Saturday Banking Services
> Frequently Asked Questions regarding CBS auto, housing, salary, personal, SME and SmallBiz loan payments during ECQ
> Notice of Annual Meeting of Stockholders
> Scheduled Maintenance: March 29-31, 2018
> Holy Week Branch Schedule
> All CBS China Bank Savings Branches branches* open until 6:00 pm today
> System Maintenance
> New trunk line number
> China Bank now accepts CBS loan payments
> COVID-19 Customer Advisory
Copyright 2020. China Bank Savings. All rights reserved.